Showing 1 - 10 of 56,268
some of the recent claims that social optimum is not implementable and privatization is necessary. We also show that when … the private firm is foreign-owned, the government will adopt some privatization and will not implement the social optimum …
Persistent link: https://www.econbiz.de/10008831580
Considering a differentiated mixed duopoly we show that when privatization and pollution tax are used together … environmental damage will be non-monotone in the level of privatization, and optimal privatization is always partial privatization …. Whether privatization will improve the environment or not depends on the public firm's concern for environment. If the public …
Persistent link: https://www.econbiz.de/10011263693
) with the level of privatization, if the level of privatization is less (more) than certain level. It also shows that … partial privatization is optimal from the social welfare point of view. However, the social welfare maximizing level of … privatization damages the environment most. …
Persistent link: https://www.econbiz.de/10009365368
) with the level of privatization, if the level of privatization is less (more) than certain level. It also shows that … partial privatization is optimal from the social welfare point of view. However, the social welfare maximizing level of … privatization damages the environment most. …
Persistent link: https://www.econbiz.de/10008831588
We provide a simple theoretical model to explain the mechanism whereby privatization of international airports can … another equilibrium only if the degree of product differentiation is large. -- Airline ; airport ; privatization …
Persistent link: https://www.econbiz.de/10008655778
almost independent products or products that are close substitutes. Privatization of the public firm is socially beneficial …
Persistent link: https://www.econbiz.de/10005385320
increase, decrease, or remain unchanged with privatization, which depends on the level of the cost efficiency gap and the … taxation burden. However, it may be possible to raise welfare through privatization as long as the efficiency gain prevails or …
Persistent link: https://www.econbiz.de/10009206473
The purpose of this paper is to investigate the effect of privatization in a mixed duopoly, where a private firm …). Furthermore, we analyze the effect of privatization on the timing of competition by endogenezing the determination of simultaneous … especially relevant for the analysis of privatization, given that results and policy prescription emerged in the literature …
Persistent link: https://www.econbiz.de/10014151444
We provide a simple theoretical model to explain the mechanism whereby privatization of international airports can …
Persistent link: https://www.econbiz.de/10014191163
privatization is desirable for local welfare upstream in (h), but it is not always desirable in (f). In both (h) and (f), it is …
Persistent link: https://www.econbiz.de/10008756511